Total monthly cost of ownership
Cost to Own a Home in Middleburg, Florida
A $242,000 home here costs
$1,917per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,244. The real number is $673 higher every month — 54% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Middleburg against Clay County and Florida
| Measure | Middleburg | Clay County |
|---|---|---|
| Median home value | $241,700 | $281,500 |
| Median property tax | $1,443 | $2,080 |
| Effective tax rate | 0.597% | 0.739% |
| Median gross rent | $1,094 | $1,464 |
| Population | 11,911 | 223,436 |
The weather behind that power bill
Middleburg sits in Clay County, which averages a high of 91.8°F in its hottest month and a low of 47.2°F in its coldest, with 47.6" of precipitation a year and 41% of it in a single three-month stretch. That climate drives 3,302 cooling and 944 heating degree days, which is what sets the $136 electricity line above.
See the full climate breakdown for Clay County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Clay County
Common questions
How much does it cost to own a home in Middleburg?
A $242,000 home in Middleburg, Florida costs approximately $1,917 per month with 20% down at 6.66%. That is $1,244 principal and interest, $120 property tax, $146 homeowners insurance, $204 utilities and $202 set aside for maintenance.
What is the property tax rate in Middleburg?
Middleburg has an effective property tax rate of 0.597%, based on a median home value of $241,700 and median real estate taxes of $1,443. That is lower than the Clay County average of 0.739%.
What is the average home price in Middleburg?
The median owner-occupied home value in Middleburg, Florida is $241,700, against $281,500 across Clay County.
Is it cheaper to rent or buy in Middleburg?
Median gross rent in Middleburg is $1,094 a month, against $1,917 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Middleburg — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Florida.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.